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How do I set my balance control tax rates?

If you set up your bexio account so that you are taxed by means of balance control, you need to set the initial balance control rate.

To find out how to do that, please watch this short video:

 

The balance control tax rate will then be displayed automatically in your tax rates.

 

How do I set my second balance control tax rate?

To set a second balance control tax rate, navigate to "All Settings" - "Accounting" - "VAT basic settings" and then click on “Set second balance control tax rate” under your first balance control tax rate.

 

Tax rates are not applied automatically: you will have to add them yourself. To do this, go to "Settings" - "All settings" - "Accounting" - "Tax rates" - "Add tax rate". Enter the tax rate as usual and then you can choose between your balance control tax rates.

 

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